Looking for a home loan?
Buying a home or looking to refinance? The table below features home loans
with some of the lowest interest rates on the market for owner occupiers.
Lender | |||||||||||||
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| Variable | More details | ||||||||||||
| FEATUREDGREAT INTEREST RATE | Smart Booster Investor Bundle (Principal and Interest)
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Smart Booster Investor Bundle (Principal and Interest)
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| Variable | More details | ||||||||||||
| FEATUREDNO UPFRONT OR ONGOING FEES | Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 80%)
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Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 80%)
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| Variable | More details | ||||||||||||
| BUNDLE YOUR HOME LOAN AND YOUR INVESTMENT LOAN FOR MORE SAVINGS | Yard Investor Bundle Loan (Bundled with Home Loan)
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Yard Investor Bundle Loan (Bundled with Home Loan)
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| Variable | More details | ||||||||||||
| REFINANCE ONLY | Variable Rate Investment Loan – Refinance Only
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Variable Rate Investment Loan – Refinance Only
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| Variable | More details | ||||||||||||
| FREE REDRAW FACILITY | Basic Investment Loan (Principal and Interest) (LVR < 60%)
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Basic Investment Loan (Principal and Interest) (LVR < 60%)
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| Variable | More details | ||||||||||||
| 100% FULL OFFSET ACCOUNT | Ocean Investment (Amounts < $1m, LVR < 60%)
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Ocean Investment (Amounts < $1m, LVR < 60%)
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| Variable | More details | ||||||||||||
| FAST TURNAROUND TIMES AND FLEXIBLE LOAN OPTIONS | |||||||||||||
Basic Investment Loan (Principal and Interest) (LVR 60%-70%) | |||||||||||||
| Variable | More details | ||||||||||||
Budget Investment Loan (Principal and Interest) (LVR ≤ 80%) | |||||||||||||
| Variable | More details | ||||||||||||
Ocean Investment (Amounts < $1m, LVR < 70%) | |||||||||||||
| Variable | More details | ||||||||||||
| FEATUREDGET A FULL OFFSET ACCOUNT FOR NO EXTRA COST | Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 60%)
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Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 60%)
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| Variable | More details | ||||||||||||
| UNLIMITED EXTRA REPAYMENTS | |||||||||||||
Budget Investment Loan (Principal and Interest) (LVR 80%-90%) | |||||||||||||
| Variable | More details | ||||||||||||
Yard Investment Loan (Principal and Interest) (LVR > 80%) | |||||||||||||
| Variable | More details | ||||||||||||
Basic Investment Loan (Principal and Interest) (LVR 70%-80%) | |||||||||||||
| Variable | More details | ||||||||||||
Ocean SMSF (No Offset) (Metro) (Principal and Interest) (LVR < 60%) | |||||||||||||
| Variable | More details | ||||||||||||
Base Variable Investment Loan Special Offer (Principal and Interest) (LVR > 80%) | |||||||||||||
| Variable | More details | ||||||||||||
Extra Investment Loan (Principal and Interest) (LVR 80%-90%) | |||||||||||||
| Variable | More details | ||||||||||||
Standard Variable Investment Loan (Principal and Interest) (LVR < 80%) | |||||||||||||
| Variable | More details | ||||||||||||
Base Variable Investment Loan (Principal and Interest) | |||||||||||||
| Variable | More details | ||||||||||||
Ocean SMSF (With Offset) (Metro) (Principal and Interest) (LVR 60%-65%) | |||||||||||||
| Variable | More details | ||||||||||||
| FEATUREDSELF MANAGED SUPER FUND LOAN | SMSF 80
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SMSF 80
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- Option to add an offset for 0.10%
- No monthly or ongoing fees
- Unlimited redraws
Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of June 25, 2022. View disclaimer.
Getting a home loan while self-employed
If you’re a self-employed Australian (such as a small business owner), then you might find it difficult to get a standard home loan rubber-stamped. This is because self-employed workers often don’t earn a set salary in the traditional sense, and since lenders usually ask for proof of income, it can be harder for such workers to provide such proof.
You might have to apply for a low-doc home loan, which is short for a low documentation loan. You’ll usually need to provide business statements for at least 12 months or something like a letter from an accountant.
It can be hard to determine what your income is as a self-employed person, but to get a rough idea, you can use our self-employed income calculator.
Self-employed income calculator
To work out what your assessable income might be, banks will usually rely on historical figures to work it out, like those business statements mentioned earlier.
Our self-employed income calculator can give you an idea of what your assemble income could be, based on:
- Two different years worth of net profit before tax
- One-off expenses
- Other expenses like depreciation, super payments etc.
Other Calculators
Home loan news
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The entire market was not considered in selecting the above products. Rather, a cut-down portion of the market has been considered. Some providers' products may not be available in all states. To be considered, the product and rate must be clearly published on the product provider's web site. Savings.com.au, yourmortgage.com.au, yourinvestmentpropertymag.com.au, and Performance Drive are part of the Savings Media group. In the interests of full disclosure, the Savings Media Group are associated with the Firstmac Group. Read about how Savings Media Group manages potential conflicts of interest, along with how we get paid.
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